Has Pump.Fun launched their official crypto token? Fact check

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Cryptotimes2025/02/09 21:00

By:Dishita MalvaniaVaibhav Jha

Certain social media posts on X had gone viral claiming that popular memecoin launching platform Pump.Fun had officially launched its memecoin token $PUMP on Sunday. The viral posts had claimed that the token has been designed to offer exciting benefits such as revenue sharing and exclusive platform access.

According to a post non X by popular crypto handle “Whale Insider”, PumpFun is distributing a substantial airdrop to attract users and boost engagement. The post further claimed that this initiative positions PumpFun as a strong competitor in the decentralized finance (DeFi) market by providing tangible value to its token holders.

JUST IN: Pumpfun to launch their own token. pic.twitter.com/gW53UFj4Mx
— Whale Insider (@WhaleInsider) February 9, 2025

The social media post had also claimed that $PUMP owners will gain access to exclusive features and a share in the platform’s revenues, potentially increasing its appeal to investors.

The Crypto Times did a fact check of the social media claim and found the news to be fake. The pump.fun management through its co-founder, has also released a statement denying any launch of an official token. The X community has also added a community note in the original post of Whale Insider claiming the same.

seeing rumors about a potential pump fun token – these are wrong

would advise not to listen to anything that didn’t directly come from @pumpdotfun

while the pump fun team has mainly been focused on improving the product in its 1-year history, the team has always been committed…
— alon (@a1lon9) February 9, 2025

Therefore the claims that PumpFun has launched an official token stands to be false, after a fact check.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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